Ripple Price Analysis: XRP/USD bulls step up following Thursday’s bloodbath

  • XRP/USD bulls pushed the price back inside the 20-day Bollinger Band.
  • The William’s %R is trending inside the oversold zone, showing that the asset is currently undervalued.

XRP/USD daily chart

XRP/USD daily chart

XRP/USD went up from $0.1881 to $0.1892 in the early hours of Friday and re-entered the 20-day Bollinger Band. This followed a heavily bearish Thursday, wherein the price plummeted from $0.203 and dropped below the 20-day Bollinger Band.  The MACD shows increasing bearish momentum, while William’s %R is trending inside the oversold zone, indicating that the asset is currently undervalued.

Support and Resistance

XRP/USD bulls face strong resistance levels at $0.1926, $0.1959, SMA 20 and SMA 50. On the downside, there are healthy support levels at $0.1817 and $0.1765.

Key levels


Today last price 0.1892
Today Daily Change 0.0010
Today Daily Change % 0.53
Today daily open 0.1882
Daily SMA20 0.2008
Daily SMA50 0.2041
Daily SMA100 0.193
Daily SMA200 0.2129
Previous Daily High 0.2037
Previous Daily Low 0.1844
Previous Weekly High 0.2147
Previous Weekly Low 0.1973
Previous Monthly High 0.2268
Previous Monthly Low 0.178
Daily Fibonacci 38.2% 0.1918
Daily Fibonacci 61.8% 0.1963
Daily Pivot Point S1 0.1804
Daily Pivot Point S2 0.1727
Daily Pivot Point S3 0.1611
Daily Pivot Point R1 0.1998
Daily Pivot Point R2 0.2115
Daily Pivot Point R3 0.2192



Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Cryptos feed

Latest Crypto News

Latest Crypto News & Analysis

Editors’ Picks

Solana price eyes new all-time highs before taking a breather

Solana (SOL) price has successfully broken out of the descending top line that was keeping  SOL price trapped below $200. The breakout rally began  at the level of the 50-day Simple Moving Average (SMA), a level which has provided support on several previous occasions. 

More Solana News

Terra hits new record in total value locked ahead of 10% of LUNA supply burn

Terra money ecosystem got its first play-to-earn game Flokiverse that offers passive income to players.Over 100 projects are lined up for launch on the Terra network, a new wave of TeFi. Proposal 128, to initiate IBC on Terra, has passed; DeFi interchain highways for Cosmos ecosystem have arrived.

More Terra News

Polkadot price bound for 50% breakout if DOT bulls can overcome this hurdle

Polkadot price is currently facing a decisive moment as it trades between two significantly troublesome barriers. While overcoming these hurdles will be trying, doing so will lead to a volatile move.

More Polkadot News

BNB to rise over 30% as Binance Smart Chain proposes to burn BNB fees like Ethereum

Implementing a burning policy triggered the “Triple Halving” in Ethereum, driving a supply shortage of Ethereum in circulation. In a similar way, Binance proposes to burn Binance Coin in every transaction. 

More Binance Coin News


Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

Read the weekly forecast